Buendia, Fernando, "The Reward System in Art Markets: a System Dynamics approach", 2012 July 22-2012 July 26

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This paper shows that the tools of system dynamics theory can be methodologically useful to provide new insights into art and cultural economics. Specifically, it develops a model of how the reward system in art markets works and cause imbalance allocation of revenues and recompenses. With this, it also proves that system dynamics it is useful to model self-organizing systems.

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  • 2012 July 22-2012 July 26
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System Dynamic Society Records

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Articles